Category: Gold and Silver 2016
The analysis published under this category are as follows.Saturday, May 07, 2016
Misreading Gold and Silver CoTs, Again / Commodities / Gold and Silver 2016
Nearly two months ago I published a video in which I discussed conventional CoT analysis and the mistake many investors might make assuming Gold and gold stocks would undergo a big correction. The fact is a bull market that follows a nasty bear usually stays very overbought throughout its first year and therefore sentiment indicators remain in bullish territory. As a result of the primary trend change, conventional CoT analysis fails and requires an adjustment. Today we look at the Gold and Silver CoT's while harping on a few of the mistakes people are making.
Read full article... Read full article...
Friday, May 06, 2016
Gold Leasing Explained / Commodities / Gold and Silver 2016
According to popular opinion, gold does not bear interest. Although that is true for retail investors, gold lending is an integral part of the gold wholesale market. What is gold leasing and how does it affect gold prices?
A lease is a contract where an asset is rent to someone else. As odd as it sounds, gold is also leased. Why? Well, on the one hand, some entities own gold they need to put to work, e.g. the bullion banks that hold a metal as a debt to their customers, so they can lease it out to earn money. On the other hand, there are companies in the gold industry who, for some reasons, prefer to borrow the metal instead of buying it outright. For example, there might be a gold mining company which expects to have one thousand ounces of gold from its production. However, the metal will be ready to sell in the market not earlier than before one month, since it must be refined etc.
Read full article... Read full article...
Friday, May 06, 2016
Buy Gold, ‘Get Out Of The Stock Market’ Warns Druckenmiller / Commodities / Gold and Silver 2016
Buy gold and ‘get out of the stock market,’ legendary billionaire investor Stanley Druckenmiller, advised investors this week at an investment conference in New York.
Druckenmiller, who has one of the best long-term track records in money management, said the stock market bull market has “exhausted itself” and that gold “remains our largest currency allocation.”
Read full article... Read full article...
Friday, May 06, 2016
Gold and Silver Companies with the Potential to Move the Needle / Commodities / Gold and Silver 2016
The two times mining companies add the most value are upon first discovery and when they are nearing development and production. Joe Reagor of ROTH Capital Partners focuses on the latter group, and in this interview with The Gold Report, he discusses a handful of gold and silver companies poised to move up the value curve even if gold and silver don't go up.
Read full article... Read full article...
Friday, May 06, 2016
When Gold Confiscation Is a Personal Choice / Commodities / Gold and Silver 2016
The specter of government forcefully confiscating gold is still roaming around out there.
That nagging prospect dampens many buying decisions, unfortunate at a time when gold, and especially silver, are near historically bargain basement prices when measured in fiat currency.
Buy low, sell high only works for those who buy low.
Read full article... Read full article...
Thursday, May 05, 2016
Monetary Liquifaction, Gold And The Time Of The Vulture / Commodities / Gold and Silver 2016
Liquifaction: … 3: conversion of soil into a fluidlike mass during an earthquake or other seismic event, 4: inability of flooded capital markets to absorb additional capital without destabilizing paper assets, e.g. stocks, bonds, currencies, etc., 5. a monetary phenomena associated with the collapse of capital markets.
Inflation is always and everywhere a monetary phenomena caused by an increase in the money supply, the greater the increase, the greater the inflation. If the money supply expands with sufficient rapidity, inflation becomes hyperinflation and paper money loses all value.
Read full article... Read full article...
Thursday, May 05, 2016
A Few Facts About Gold That Nay-Sayers Conveniently Ignore / Commodities / Gold and Silver 2016
We continue to see articles by so called “experts” trashing Gold and Silver as investments. Gold is everything from a “Pet Rock” to a “Dumb Investment” or “Barbarous Relic.”
Do these people even bother doing research? Or are they just stock shills?
First and foremost, you cannot compare Gold’s performance relative to stocks anywhere before 1967.
Read full article... Read full article...
Wednesday, May 04, 2016
Fear Not Gold Bugs, Gold Ratios Well Intact / Commodities / Gold and Silver 2016
What has been going on since mid-February is a burst of the ‘inflation trade’ as evidenced by silver’s leadership in the precious metals sector. This opened the barn door for all kinds of inflated animals to flee into the light of day, and for commodity and inflation boosters to do their thing. As often happens with silver, things were pushed to and even through their limits. Silver went up, oil went up, base metals went up and stocks went up.
But what we should do is retire back to some of the things that actually indicated bullish for the gold sector well before the mini hysteria (and market relief) cropped up. A pullback/correction in gold stocks would be an opportunity.
Read full article... Read full article...
Wednesday, May 04, 2016
Silver Bullion Has Key New Player – China Replaces JP Morgan / Commodities / Gold and Silver 2016
The silver bullion market has a key new player – Enter the Dragon. The Shanghai Futures Exchange in China is replacing JP Morgan bank and its clients as the most significant new source of demand according to a very interesting blog with some great charts and tables published by SRSrocco Report yesterday.
Read full article... Read full article...
Tuesday, May 03, 2016
What is the Real Value of Gold Today? / Commodities / Gold and Silver 2016
Gold is on a tear this year. The precious metal is up 19%. That’s great! Those holding gold should be happy with their gains. If they take their coins to the grocery store they can buy, well, absolutely nothing. But they can sell their gold to someone else for some printed pieces of cotton (our noble currency) before making their way to the local Whole Foods.
To be fair, some gold coins were actual money many years ago, like the $20 gold piece. In some states it is legal to use these coins today as money, but only for face value, which would be stupid. For all intents and purposes, gold is not money today.
Tuesday, May 03, 2016
Central Banks Need a Higher Gold Price : Hello GATA / Commodities / Gold and Silver 2016
A friend sent me some comments from Chris Powell over at GATA (headquarters for the gold manipulation crowd) writing about the possibility of a change in the thinking of the Central Banks in regards to the gold price.
Read full article... Read full article...
Tuesday, May 03, 2016
In Exclusive Interview GATA Chairman Bill Murphy Says Gold Cartel Getting Desperate - Video / Commodities / Gold and Silver 2016
Transcript excerpt: ok this afternoon May May 2nd 2016 Monday I'm interviewing bill Murphy he's
the chairman of gala which means gold anti-trust action committee their
website has got a dog or and yeah bill used to work in the financial markets
back in the seventies and commodities but I'll let him introduced himself and
talk a little bit about gaps and what they do you have some background and
commodity in that phone firm once in New York City and small one and there was a
limited edition trailer one time they traded futures markets have that
background and it's helped me understand the market movements cause I watch them
on a daily basis so it it you know that's the one thing I'm good we all
Monday, May 02, 2016
Gold & Silver Rally Huge as Central Bankers & Analysts Flub / Commodities / Gold and Silver 2016
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors and author of the book The Goldwatcher: Demystifying Gold Investing. Frank has a bullish outlook for the metals and comments on what’s ahead for gold and silver after a very strong start to the year. Will we see a pullback as we head into the summer? Hear Frank’s answer to this question and many others, coming up right after this week’s market update.
Central bankers took center stage this week as both the U.S. Federal Reserve and Bank of Japan moved markets by NOT moving rates. On Wednesday, the Fed announced that it would refrain from hiking interest rates. Fed officials cited a down tick in some of their economic indicators as the primary reason for standing pat.
Read full article... Read full article...
Monday, May 02, 2016
SILVER: Prospects for the Birth of a New Bull Run / Commodities / Gold and Silver 2016
The prospect for the birth of a new Bull-Run in Silver speaks to a broader cyclical theme that relates to a dying dollar bull, and a corollary cyclical sentiment shift back toward a strong market preference for tangible vs. paper assets. From its current cyclical low in December of 2015, Silver Bullion has risen 30%.
In the broadest of terms, the above referenced theme would suggest the early adoption of a general pair's trade that was short the dollar and long commodities.
Read full article... Read full article...
Monday, May 02, 2016
Did The Big Silver And Gold Market Event Arrive? / Commodities / Gold and Silver 2016
In a previous article (September 2015), I presented the following analysis (in italics) to show how we are close to a point were a significant event could happen in the bond market and/or gold & silver markets:
Above, is a chart (from macrotrends.com) that shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. That is the gold price in US dollars divided by the St. Louis Adjusted Monetary Base in billions of US dollars. So, for example, currently the ratio is at 0.28 [$1 125 (current gold price)/ $4 019 (which represents 4 019 billions of US dollars)].
Read full article... Read full article...
Sunday, May 01, 2016
Gold Commitments of Traders and More / Commodities / Gold and Silver 2016
Gold is showing some very good strength at this time, as the weaker dollar, combined with negative interest rates, and in some instances, NEGATIVE REAL RATES, has made the opportunity cost in holding the metal practically non-existent. Throw in the continued uncertainty over global equity market valuations, and gold demand continues to remain strong. As noted previously however,the recent lackluster interest in GLD is on my radar screen however.
Read full article... Read full article...
Sunday, May 01, 2016
The Magic of Gold Ratio Charts / Commodities / Gold and Silver 2016
The first point I would like to make is that many of you are probably wondering how I could reverse my long term bearish view on the precious metals complex to a bullish view in such a short period of time. The other point I've been trying to make is to get you positioned and sit tight, as this new bull market is just getting started. Understanding the Chartology of this sector from the many different precious metals stock indexes, to individual PM stocks and especially the combo ratio charts, paints a picture that if one keeps an open mind and truly understands what is taking place right now, getting positioned and sitting tight makes alot of sense. This is easier said than done of course.
Read full article... Read full article...
Saturday, April 30, 2016
The Next Technical Price Targets for Gold & Silver / Commodities / Gold and Silver 2016
I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish ‘Head and Shoulder’ pattern. The pattern is confirmed if gold closes below $1220/oz. The downside pattern target for this setup is $1138/oz.
If gold starts to rally and breaks out to the upside, then we should see the $1396 level be reached based on technical analysis.
Read full article... Read full article...
Saturday, April 30, 2016
Gold And Silver – A Clarion Alarm Call For All Paper Assets / Commodities / Gold and Silver 2016
Perhaps the most successful Ponzi scheme of all has been the Rothschild-led takeover and sapping of the entire United States since the American Civil War that started in 1861. The final stages were set with the not-so-lawfully-passed but fully implemented Federal Reserve Act on 23 December 1913. The fact that it purportedly passed two days before Christmas, when the custom was for no legislation to be enacted, while most politicians were en route or already home for the holidays, and the main opponents for this specific Act were indeed absent when the vote was made before a select skeleton group that stayed in Washington to ensure “passage” of the Act, this was all a huge red flag that was kept hidden from the public.
Read full article... Read full article...
Friday, April 29, 2016
Did Shanghai Just Blow a Hole in the Old Gold Market? / Commodities / Gold and Silver 2016
I did not want the day to pass without posting a few words on gold’s significant push to the upside, now trading just shy of the $1300 mark. To be sure, the dual positions with respect to rates on the part of the Bank of Japan (to stand pat) and the Federal Reserve (to remain ultra-dovish) played a role in the dollar’s recent weakness and gold’s strength. Those determinants though, in my view, are only part of the story, and the few percentage point drop in the dollar against the yen over the past week is really not enough to justify a nearly $60 rise in the price of gold over the past five trading sessions. The bigger determinant has been China’s underpinning of the gold price on two different occasions over the past week after it had taken a major turn to the downside in New York trading.
Read full article... Read full article...